Nice to see CBA increasings its position in KNL (developing its Tanzanian graphite deposit)
Above project has similar infrastructure, strip ratio, flake size advantages albeit the graphite is hosted in hard rock and is capped at a MCAP of circa $46M~
It will be interesting to see what institutional funds take notice of CGM with its top tier saprolite hosted shallow graphite deposit.
CBA increasing its position speaks volume for what could lie ahead for cougar
IMO
CGM Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
